1507 SW 40th Ter

Cape Coral, FL 33914

Sold $411KForeclosure · Feb 8, 2024 at 9:04 AM ET·3 bed · 2 bath · 1,975 sqft · built 1991 · Single Family

Judgment
$1,072,870
HomeBadger estimate
$536,559
Equity
-$536,311
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1507 SW 40th Ter, Cape Coral, FL 33914 sold at a foreclosure auction on Feb 8, 2024 for $411,100 to plaintiff in Lee County, Florida (case 23-CA-004852). The final judgment is $1,072,870; the estimated value is $536,559 (shortfall of $536,311). The property is a 3 bed, 2 bath, 1,975 sqft, single family, built in 1991. Updated from Lee County clerk records.

Lee County
Street view of 1507 SW 40th Ter, Cape Coral, FL 33914

Auction

Type
Foreclosure auction
Status
Sold
Sale date
Feb 8, 2024 · 9:04 AM ET
Case number
23-CA-004852
Final judgment
$1,072,870
Sold for
$411,100
Sold to
Plaintiff
Plaintiff
BANK OF NEW YORK MELLON, ATF CWABS INC ASSET BACKED CERTIFICATES PLAINTIFF VS UNKNOWN HEIRS DEVISEES ET AL, AKA TOMASELLI, GREGORY J ET AL DEFENDANT

Property

Property type
Single Family
Bedrooms
3
Bathrooms
2
Living area
1,975 sqft
Lot size
10,000 sqft
Year built
1991
Pool
—
Parcel ID
10-45-23-C1-03350.0060

Legal description: CAPE CORAL UNIT 65 BLK 3350 PB 21 PG 161 LOTS 6 + 7

Valuation

Estimated value
$536,559HomeBadger estimate · $351K–$827K

HomeBadger estimate: model based on Florida sales and the county appraiser's roll.

Judgment ÷ value
200%
Equity at judgment
-$536,311

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Owner, parties & documents

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Comparable auction sales

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Sales
8
Median distance
11.6 mi

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Auction history

  1. Feb 8, 2024 · Sold for $411,100

    Foreclosure

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